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Saudi Arabia: Transformation of the Kingdom
Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.
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A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Hyungmin (James) Song
Senior Associate
Biography
Hyungmin is a seasoned dispute resolution lawyer with experience in both common law and civil law jurisdictions. His work experience covers a broad range of legal practices and industry sectors, including construction, joint venture, M&A, defense, banking and finance.
Hyungmin previously worked in Clyde & Co’s Singapore office, where his practice focused on international arbitration and court proceedings in multiple jurisdictions. He represented clients in commercial and construction arbitration proceedings, including SIAC arbitrations regarding a healthcare IT business in Saudi Arabia and power plants in India. He also successfully advised clients on pre-judgement attachments in aid of AAA, SIAC and KCAB arbitrations. Prior to joining Clyde & Co, he was Senior Associate at a South Korean law firm, where he represented clients in numerous litigation cases.
Hyungmin is a co-author of several articles covering Singapore’s arbitration law and practice.
Recent Experience
- Represented a Korean IT company in a SIAC arbitration for disputes arising from a healthcare IT collaboration agreement with a Saudi Arabian company.
- Represented a Korean construction company in a SIAC arbitration in connection with the alleged defects of power plants built in India.
- Advised Korean trading and construction companies on prejudgment attachments in aid of AAA SIAC and KCAB arbitrations.
- Represented a Korean defense company in Korean domestic litigation worth over USD 100 million related to a transfer of the right to produce wings of jet fighters.
- Advised a Chinese hotel chain in a CIETEC arbitration and represented the company in legal proceedings seeking confirmation of the arbitration award.
Language(s)
- English
- Korean
Education
2014 – LLM in Taxation, Northwestern University
2013 – LLM, Indiana University
2004 – Korean Bar, Judicial Research & Training
2000 – Bachelor of Art, Seoul National University
Admission
2004 – Korea
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